Are auto insurance deductibles tax deductible?

Question:
I have a smashed windshield with a $500 deductible. If I get someone to fix it (for a lot), can I write off my payment of the deductible on my taxes next year, or is it just called the deductible because it is deducted from the total cost of the repair?

Answers:

Car insurance?

no u can't but most have full glass normaly thier is no deductibles for glass check your ins and see if u have full glass

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Ned to update paper licence 4 plastic + have points removed,how much do I pay.?

There is no tax deduction for auto deductibles.

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I was in a auto accident, my car was rear ended, now there insurance is saying my car is a loss, can i sue?

Unless you use the vegicle for business purposes you cannot deduct ins or maintenancefrom income tax.

Car insurance and more than one car?

In this case, YOU pay the first $ 5000. ((Check w/your agent.)

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A have a full legal license.what would happen if i was caught driving without?

Lord...please sell your computer.

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Can anyone tell me what $$ to expect for this claim...rear ended by drunk driver, 5 months therapy after..thx

To answer the second question first, it's just called the deductible because it's deducted from what the insurance company pays out to you.

I live in California. I got intoan accident. Do I have to report this accident to the DMV?

If you can claim vehicle expenses (if you're self-employed, or it's your company vehicle, etc) then you can write off the $500 you paid as a car repair expense. Or you can write off the mileage.

How long did it take anybody out here once they got there learners perment to actually get there license?

*I prefer the mileage method myself. If this is the first year you've had the vehicle, I would choose the mileage method, since if you choose the actual expense method the first year, you can't switch to the mileage method next year. If you file with the mileage the first year, I believe that next year you could switch and use the other way. Anyway, I've always had more of a deduction using mileage than I had in actual expenses, plus then I don't have to figure out the depreciation.

Written test for license?

I'd still check with a tax expert though. I currently use TaxCut to do my own taxes, the program may well have the answer for you.

Does anyone know the driver of this license CA plate: 5WIY825?

No - not a stupid question, you just got a few people on here that get their kicks making others feel that way!

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